PF Archive

Shuaibah IWPP oversubscribed

19 12 2005

The $967 million commercial loan and the $400 million Hermes-guaranteed debt backing the Shuaibah IWPP project in Saudi, have sold well with 20 banks taking a piece of the deal and more expected to join by the signing date on 21 December. The project is sponsored by Tenaga, Malakoff and Acwapower and will...